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Gautrain Project To Create 211 Direct Jobs

The Gautrain extension project has the capacity to create more than 211 000 direct jobs, says Gauteng MEC for Roads and Transport Ismail Vadi.

Gautrain project to create 211 direct jobs
 

Delivering his budget vote in the Gauteng Legislature, he said R1.6 billion is the estimated potential spend on skills development, enterprise development and supplier development.

“Passenger demand for the Gautrain has exceeded projections, especially in the peak periods and has resulted in overcrowding and stifled demand. It is therefore necessary to procure more trains and invest in the system so that these trains can run efficiently over the next 10 years,” the MEC said.

The Gautrain Management Agency (GMA) has developed a business case within existing funding parameters for Gautrain and has partnered with the Development Bank of Southern Africa (DBSA) to arrange for the financing for 12 new trains.

“The capital expenditure for additional rolling stock and supporting infrastructure is expected to sustain about 10 000 jobs in Gauteng. The total government revenue is expected to increase by an estimated R542 million in nominal terms between 2019 and 2023,” Vadi said.

The GMA has completed the feasibility study for the extension to the existing Gautrain network. The study was submitted to National Treasury for approval in April 2017. Since then the GMA, Provincial and National Treasury have had engagements to discuss the project in detail.

A decision on the awarding of Treasury Authorisation (TA 1) for the project is expected in the latter half of 2018. Once approval has been granted the planning and Environmental Impact Assessment of Phase 1 will begin.

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